GenTrust LLC Buys 3,583 Shares of SPDR Gold Shares (NYSEARCA:GLD)

GenTrust LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 51,079 shares of the exchange traded fund’s stock after acquiring an additional 3,583 shares during the period. GenTrust LLC’s holdings in SPDR Gold Shares were worth $12,368,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares during the third quarter worth approximately $28,000. Roxbury Financial LLC bought a new position in SPDR Gold Shares in the fourth quarter worth approximately $31,000. PayPay Securities Corp raised its stake in SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 47 shares in the last quarter. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares in the third quarter worth approximately $35,000. Finally, Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the third quarter worth approximately $38,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2 %

Shares of NYSEARCA:GLD opened at $269.03 on Thursday. The company has a market capitalization of $80.87 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a 52 week low of $187.88 and a 52 week high of $272.32. The firm has a 50 day moving average of $254.64 and a 200 day moving average of $246.31.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).